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20130102
20130102
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Search Results 55 to 73 of about 74 (some duplicates have been removed)
minute. eric cantor did. stan hoyer among others not happy. >> i am deeply disappointed mr. speaker, and the people who have been damaged by hurricane sandy, including governor chris christie and governor cuomo, should be deeply disappointed and yes, angry, that this congress would adjourn without addressing the pain of our fellow citizens. >> bill: it is outrageous -- i have not been there personally but seen so much video of the horrific destruction in parts of new york and new jersey -- >> that is still there, yeah. >> bill: yeah, people still suffering, and the congress just basically saying, we don't care about this. >> yeah, it's just the house, right? because the senate had actually done some stuff, and had planned to come back one more day and deal with what the house passed and in the midst of all of this stuff at the last minute they just pulled it off of the agenda. and it was a bipartisan anger at the house leadership last night when that happened. >> bill: eleanor holmes norton representing the district of columbia will be joining us in studio abou
that the house majority leader eric cantor has not voted yet. we don't have world o word of d other names we don't have big republican names as of yet but you can see the tally continues as time is ticking down. again the magic number we believe to be about 210 to pas this piece of legislation. we are back with the panel. a.b., the boehner vote and well, the significance of what you are seeing there on the screen? >> well, interesting that they have lost ten democrats so far. that number could grow. but if they could -- if the democrats contained it, that is pretty interesting and you heard some, you new york city leadership exhorting the members to support it. >> bret: almost twice as many democrats at this point. >> right. i'm told that the boehner vote on the rule was a good sign from members who are going to vote for this and hold their nose. they were looking for leadership cover and boehner voting on the rule gave them the sense that that -- that he would -- that he would come and vote for the bill and they are hoping that that gives some other republicans cover because the people who are
. >> what accounts for that? earlier in the day there was all sorts of dissension, eric cantor among others, saying they weren't going to go for it. >> he may at the end of the day vote no. you're going to see a lot of republicans and a fair number of democrats vote no as well. what accounts for that is this is i think a classic compromise that nobody likes, meaning everybody lost things that they want and that is actually the way legislating used to be, that not everybody is happy but you realize you got to do what's best in order to actually get something passed. >> in terms of the white house, do they view this as a win for the president? >> yes. this is something the president campaigned on and what's in this bill is largely -- largely democratic priorities, anderson. $450,000 as the threshold wasn't what the president wanted but in principle that is the notion that the president wanted, tax increases for the wealthiest americans. it extends unemployment benefits for a year and it's not paid for. republicans wanted it paid for. but think about some of the other measures. they're doing t
that's a bad idea. >> reporter: republican majority leader eric cantor told reporters he did not support the bill in its current form. do you personally oppose the bill? >> i do not support the bill. >> reporter: the senate agreement postpones harsh across-the-board spending cuts for a few months. it also makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000 a year. the white house sent vice president joe biden here to capitol hill to try to broker a deal with the house just like he did in the senate. house democrats are welcoming his help. >> vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. >> i think that we've mad i think that we've made gigantic progress. i hope that we can have a bipartisan agreement as we go forward. >> reporter: even though the country went over the "fiscal cliff" at midnight monday officially, the senate version of the bill makes all tax cut extensions retroactive to the beginning of the year. and
than the senate which passed a measure by an 89-8 vote. eric cantor was among the republicans opposing the deal. in the end, supporters won the vote. >>> taxes will remain the same for 98% of americans. they will go up for those making $400,000 and couples who make more than $450,000 a year. spending cuts were postponed for two months, which means we could be going through a similar debate before spring. president obama says he supports a balanced approach to reducing our deficit. >> we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reform tax code. the wealthiest corporations and individuals. can't take advantage of loopholes and deductions that aren't available to most americans. >> get ready for another fiscal debate in the coming months. congress and the white house will talk about the debt ceiling. we could reach the limit by the end of february. and won't likely agree to raising it without guarantees of spending cuts. despite this bill, you may notice your paycheck is a little smaller this year. that's because a temporary cut in a pay
gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but let's -- on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is see figure we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the bill does set up the next fight in around two months when the spending cuts are set to take effect and the u.s. hits the debt ceiling. treasury secretary geithner's trying to take steps to delay that date by halting investment in two government worker pension fund
that's a bad idea. >> reporter: even eric cantor, the second-highest ranking republican in the house, was opposed to the deal struck by his colleagues in the senate. >> i do not support the bill. >> reporter: but others said, like it or not, the bill was the only way to prevent a big tax increase for virtually every american worker. >> republicans and the american people are getting something really important, permanent tax relief. >> reporter: the bill will prevent an income tax relief on workers earning under $400,000 a year. it also will extend unemploym t unemployments for people looking for work. but the bill leaves a lot left to do. in two months, the government will hit the limit of how much money it can borrow, unless congress raises the so-called debt ceiling. an automatic, across-the-board spending cuts to the pentagon and other agencies, are only to be delayed for two months, setting up yet another fiscal cliff on march 1st. congress has adjourned. the president is off to hawaii to meet up with his family. and hopefully, he thinks for a few days' vacation. >> you mentione
vote comes and goes, the speaker is gone and told one of eric cantor's aides that the bill was -- connell: two part question to add it up because we have to go in a second. do you think or do you know anything about a possible vote today and what do you say to the conservative argument that come of that say we voted on this fiscal cliff deal that didn't have any spending cuts and couldn't stomach another votes on spending and some members of the new york delegation brought up to me apparently loaded the bill up with pork. any truth to that? >> absolute lies. whatever was in the bill that was considered pork was put in for other states, put in the senate, all taken out. governor christie and governor cuomo and governor bloomberg give a breakdown of the republican leadership, we were told it was satisfactory. there was no pork. i wish they would tell the truth. connell: no vote you know of on the schedule today? >> no. 100 people are missing today. the house is not in session today. connell: congressman king from capitol hill, talk to you again soon. back to the markets, big
it and send it back is what eric cantor and others wanted. the problem with sending it back is there would be no one to send it to. the senate left the building. the house would have gone back and said we're going to keep our apbldz in. what speaker boehner did is join the minority of republicans. he voted, so 85 republicans said yes, but 172 said no. essentially they violated their own unwritten hastert rule and used the majority of democrats to pass this bill. longtime conservatives see it as a rau for the president. >>steve: even in the leadership of the republican party you've got john boehner and paul ryan voting for it. then you've got eric cantor, the majority whip, voting against it. at the core, all the republicans had to hold their nose because they do not as a party like the idea of taxes going up on anybody. now the way it stands is if you are very successful and you make at least $400,000 a year, your taxes are going to go up to about 40%. for everybody watching this program now, your payroll taxes are going up. last year it was about 4.2% exactly, and starting this morning it
consensus. and at the 11th hour, you have eric cantor and kevin mccarthy, the number two and three in the house republican caucus breaking away. but who stands up and stands with boehner? it's ryan. it's ryan, the budget committee chairman. he could have done a lot to come back from the campaign trail and really try to assert himself against boehner. he didn't do that. he was boehner's ally. >> why? >> that really helped boehner at the end. why? because i think ryan long term is just like camp dadave camp. they're talking about the long-term tax reform is going to come on the debt ceiling in 2013 with the budget fight. you're so right on the debt part. but what they want to do now is lock in the rates. that was their argument in the caucus meeting last night. that was their argument on the floor. lock in the bush era rates, do what you can and move on. >> why did they break away from john boehner at the last moment other than it made a hell of a lot of good sense if you're actually conservative ideologically, you don't believe in adding $4 trillion to the national debt? >> i that i
on the house side. speaker boehner voting for the bill. and eric cantor voting against the bill. the house whip voting against the bill and paul ryan voting for the bill. this is a real split. >> it is. it shows the schism and a real good demonstration of why it was so difficult for speaker boehner to negotiate a bigger, grander deal with the president. he was unable to get his own deal through the house a few weeks ago, and the negotiated deal that passed with overwhelming bipartisan support. 89 votes in the senate, didn't get the majority of the republicans in the house to sign on. what you are seeing is the difficulty played out for everyone to see of how difficulty it is for speaker boehner to get these kinds of bills passed through the house. >> quickly, given the schism that you outlined, this is the last day of the 112th congress and tomorrow is the big day for john boehner. how is it looking for them? >> i think it looks fine for him. a lot of grumbling among folks. he allowed everyone to vote their conscious. no one got forced into voting for something they didn't want to. we avoided t
eric cantor was with him all along, still is, and they're pointing the finger of blame at speaker john boehner, openly encouraging the idea that there's a rift between the two. >> there's a squabble, obviously, between speaker boehner and leader cantor, they voted separately on the fiscal cliff. since cantor had taken a lead role here some have speculated that boehner wasn't as friendly to it as he might have otherwise been. >> reporter: cantor's office tells me that the two are in communication and that cantor support the speaker boehner. the two are scheduled to meet with the new york and new jersey delegations to discuss sandy aid in less than an hour, megyn. >> megyn: shannon, thank you. >> we're going to hit every single recommendation that's been put forward. some individuals have been held accountable inside of the state department and what i've said is that we are going to fix this to make sure that this does not happen again. because these are folks that i send into the field. we understand that there are dangers involved, but you know, when he read the report and it confirms
boehner voted yes, his number two majority leader eric cantor voted no and there will be another fiscal fight over the next two months, that's when military cuts are due. they kicked them down the road. that battle will now be joined over the next 60 days and we'll see what we get in the end after that. arthel: there is a limit on how many ad advil you can take in one day. bill: then you have to shift to ae alieve. we talked about military cuts and cuts to medicare, none of that was addressed in the drama we just watched unfold, none of it. arthel: no. let's get to this now the medical scare for america's top diplomat, secretary of state hillary clinton remains in a new york hospital where she is being treated with blood thinners for a blood clot lodged between her skull and her brain. molly henneberg live in washington with more. >> reporter: doctors say secretary clinton is making excellent progress, is in good spirits and should make a full recovery. she remains in new york presbyterian hospital as doctors monitor that brain clos. the the blood thinners should resolve it. clinton did
, outmaneuvered, outcreated and if they don't, the, this eric cantor. he decides he is voting no. part of the leadership. lori: not until there were enough yes votes to get requisite approval for the deal. melissa: what would your advice be? >> i think republicans would he will be well-served to discover if they are a political party or simply a fund-raising origination and a branding mechanism. because they seem to have no ground operation which is essential if you will be a political party and you're going to it up candidates for president. they don't seem to have any principles they won't abandon. they seem to have no vision they will share with the rest of us. you i think they're really at cliff, they're at the precipice no longer being a relevant political party. lori: that is huge statement, lou. melissa: could they use the opportunity, whether the debt ceiling or --. lori: sorry to come in but the social issues. you know what i mean. do they need to do better job connecting with the general public on social side of things, gay marriage, abortion, stem cell research? >> actually
chairman paul ryan did vote in favor of the bill while eric cantor and congressman mccarthy voted against it. responding quite positively to that news, doug responding less positively. the dow jones up 180 and nasdaq up 50 points and s&p 24 points and ftse up 500 points -- not 500 points. and you can see the ftse up 2% on this news and look at what happened there in asia. hang seng up almost 3%. one clarification, i think i may have misspoken when i said all of this lasting one year. what i was describing was extension of unemployment benefits, that lasts one year. these other taxes and cuts and increases are now permanent. >> the fiscal cliff a verdict for now. now, we can look forward to something with the debt ceiling in the next two months. joining us in washington is former oklahoma governor frank keating and ceo of the american bankers association. joining us from philadelphia, former pennsylvania governor, ed rendell, also a cnbc contributor. i have to tell that joke again, governor. what do you call 47 millionaires sitting around watching the super bowl? >> i give up. >> the phila
, the gentleman is recognized. >> mr. speaker, i ask that the speaker reconsider. i want to thank eric cantor who has worked tirelessly throughout these many days, right up until the last couple of minuteses. today families lack housing, businesses are in shambles and municipalities have been decimated. mr. smith: 346,000 housing units were damaged or destroyed in new jersey, with 22,000 units today uninhabitble. approximately 100,000 new storm-related unemployment claims have been filed in new jersey. 100,000. over 235,000 people have already registered with fema for individual assistance. this is a dire crisis. people are hurting. i talk to people in my district who have been malaffected and they're looking to offer help and they're looking for timely help. we need to pass this. please, mr. speaker, reconsider. the speaker pro tempore: for what purpose does the gentlelady from new york seek recognition? without objection, the gentlelady is recognized. >> mr. speaker, i truly feel betrayed this evening. i left this floor with an understanding that this bill was going to be brought to the floor.
expected on friday. a statement from house speaker john boehner and majority leader eric cantor said getting aid to the victims of hurricane sandy should be the first priority and the house will vote friday to direct needed resources to the national flood insurance program and on january 15, the first full legislative day of the 113th congress the house will consider the remaining supplemental requests. that a statement from house speaker boehner. two hours ago, new jersey governor chris christie held a news conference on speaker boehner's decision to not hold a vote yesterday on a bill to help victims of hurricane sandy. >> good afternoon. when hurricane sandy made landfall on august 24, 1992, congress and president bush 41 responded within 31 days with a federal aid package. when hurricane gustav made landfall in 2008 and hurricane ike 12 days later, congress and president bush 43 responded in 17 days with a federal aid package. when hurricane katrina made landfall on august 29, 2005, congress and president bush 43 responded with an initial 62.3 billion aid package in 10 days. hurr
: two things, why did they harp on taxes so much if they were going to cave? >> eric: i don't know. >> bob: secondly, how bad is the riff in the republican party? >> eric: very bad. 100%. you are pointing it out. bad riff, especially when cantor and his group votes no and boehner and his group votes yes. house divided. a lot of conservatives watch, and they go to drug import. they put up a poll today should boehner step down or be replaced? i looked and it said 85% of the respondent said replace boehner. it's an issue. issue on the right. they have to address it. >> dana: when things don't feel like they are going well, are you satisfied with that particular person? then everyone says no. what is amazing to me of the fiscal cliff, it avoided all the real issues. president obama in his statement last night, one thing he said is we are not going to tax our way out of the entitlement spending problem. why have you not done anything for five years? now he says he is going to try to get more tax increases without being -- with a caucus that says we're not going to do anything on entitle
Search Results 55 to 73 of about 74 (some duplicates have been removed)

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